Bulgaria's economy grew at a steady pace in each of the four quarters of 2012, preliminary data released by the National Statistical Institute showed Thursday.
Gross domestic product rose 0.5 percent year-on-year for the fourth quarter in a row during the three months ended December. In the December quarter of 2011, the economy expanded 0.9 percent.
Industrial sector registered 3.2 percent growth, while the farm sector logged 3 percent expansion. Services sector contracted 0.3 percent. Consumption grew 2.3 percent and investments rose 2.7 percent.
Quarter-on-quarter, the economy grew a modest 0.1 percent, equaling the pace of growth seen in the third quarter. GDP rose 0.1 percent and 0.3 percent respectively, in the first and second quarters of 2012.
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